To get through winter season, Ukraine needs 4 billion euros
October 26, 2022, 8:00 am

To get through winter season, Ukraine needs 4 billion euros

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Ukraine needs 4 billion euros (about 3.97 billion U.S. dollars) to go through the winter cold season, the Interfax-Ukraine news agency reported on Tuesday (Oct 25), citing Minister for the Development of Communities and Territories of Ukraine Oleksiy Chernyshov.

"We need four billion euros to get through this winter -- to renovate houses, to support health care and energy supplies," Chernyshov said at the International Expert Conference on the Recovery, Reconstruction and Modernisation of Ukraine in Berlin, Germany.

Besides, Ukraine lacks backup equipment for water and power supply, such as mobile water purification stations, mobile heating stations, diesel generators and electric heaters, the minister said.

Since Russia invaded Ukraine on Feb. 24, Ukraine is facing an energy crisis ahead of the winter cold season.

Ukraine needs 4 billion euros (about 3.97 billion U.S. dollars) to go through the winter cold season - Photo. Pixabay

Russia is targeting Ukrainian cities like Kyiv, their power plants and other infrastructure using missiles and drones. Ukrainian President Volodymyr Zelenskyy said on social media that over the past week Russia has destroyed 30 percent of the country’s power plants. This has caused “massive blackouts across the country.”

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Russian President Vladimir Putin has increased attacks on civilian energy centers after Ukraine’s strike on an important bridge in Crimea.

This has left many cities without electricity including Kyiv, Sumy in the northeast, and Vinnystsia in the west.

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”